Bots making price go down

[AirFlame]

It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

[empoweoqwj]

It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

Bots and auto-trading are part of the system. They don't make the price go up or down. Just play the market to make a profit.

[AirFlame]

It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

Bots and auto-trading are part of the system. They don't make the price go up or down. Just play the market to make a profit.

To make a profit You need to buy low sell hight and they are making panic to buy low and sell high.

[empoweoqwj]

It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

Bots and auto-trading are part of the system. They don't make the price go up or down. Just play the market to make a profit.

To make a profit You need to buy low sell hight and they are making panic to buy low and sell high.

You know how all bots work do you?

Bots work to create profit, that's all. There are many algos to do that. "Buy low and sell high" is not an algo.

[dissident]

Bots are kind of like high frequency traders in the stock market, they can actually be helpful by helping stabilize the price and add liquidity to the market.

[empoweoqwj]

Bots are kind of like high frequency traders in the stock market, they can actually be helpful by helping stabilize the price and add liquidity to the market.

Thanks for adding a voice of reason. Bots are not good or bad, just market players the same as the rest of us.

[AirFlame]

Bots are kind of like high frequency traders in the stock market, they can actually be helpful by helping stabilize the price and add liquidity to the market.

Hahahahahha serious?


SELL

Code:

16:01:34 965.0632 0.11
16:01:30 965.0632 0.11
16:01:28 965.0632 0.11
16:01:25 965.0632 0.11
16:01:21 965.0632 0.11
16:01:18 965.0632 0.11
16:01:16 965.0632 0.01
16:01:10 966.552 0.01
16:01:06 966.552 0.01
16:01:04 965.0632 0.01
16:01:01 965.0632 0.14669
16:00:59 968 6.01
16:00:59 965.0632 0.01
16:00:55 966.0632 0.01
16:00:51 966.06320.04200
16:00:50 968 0.01
16:00:50 966.552 0.01
16:00:45 966.552 0.01
16:00:42 966.552 0.01

After that kind of flood selling over a hour they Buy like 5 - 100 BTC one transaction when the price go high they do the same shit panic and buying low. What do You think happen when they decide to sell all of the BTC with profit all of those BTC ? Where do You see helping stabilize price ? And why the market lags sometimes? Because bots sell/buy 1000 - 0,01BTC in a second.


People that are on the BTC market looks like this when price go down.

[Walsoraj]

It is only me that see bots selling 1btc all the time on Mt.Gox to start people panic and make them selli the BTC ?

^typical idiot bull. The bots spam tiny buys just as often, if not more frequently, than sells.

[AirFlame]

^typical idiot bull. The bots spam tiny buys just as often, if not more frequently, than sells.

^typical "tusk lover" that don't understand how BTC stock market works

[Ilanoh]

People should be informed about it, since the liquidity is ver shallow, bot actions can have influence.

[AirFlame]

I think bots should not been allowed on stock market deleting the API for connection should do the trick and the price will be stable like table.

[empoweoqwj]

I think bots should not been allowed on stock market deleting the API for connection should do the trick and the price will be stable like table.

You sound like you come from the 1970's

[AirFlame]

I think bots should not been allowed on stock market deleting the API for connection should do the trick and the price will be stable like table.

You sound like you come from the 1970's

Try to sell something fast when there is all the time lag. Because some dumb asses use bots and lag the market network.

[CaptainBeck]

Bots are completely normal part of all trading systems. To someone watching and paying attention bots do not effect anything. People who arent paying attention and panic are effected buy bots when they see stupid buy/sell orders.

[NeedForBitcoin]

I'm sure bots are the reason of you losing money on your trades.

[AirFlame]

Bots are completely normal part of all trading systems. To someone watching and paying attention bots do not effect anything. People who arent paying attention and panic are effected buy bots when they see stupid buy/sell orders.

Yes but they lag the market system.

I'm sure bots are the reason of you losing money on your trades.

Nope nothing is the reason of loosing my money because i did not loose even 1cent

[empoweoqwj]

Bots are completely normal part of all trading systems. To someone watching and paying attention bots do not effect anything. People who arent paying attention and panic are effected buy bots when they see stupid buy/sell orders.

Yes but they lag the market system.

I'm sure bots are the reason of you losing money on your trades.

Nope nothing is the reason of loosing my money because i did not loose even 1cent

They only lag the system if the system is badly designed e.g gox

[CaptainBeck]

Bots are completely normal part of all trading systems. To someone watching and paying attention bots do not effect anything. People who arent paying attention and panic are effected buy bots when they see stupid buy/sell orders.

Yes but they lag the market system.

I'm sure bots are the reason of you losing money on your trades.

Nope nothing is the reason of loosing my money because i did not loose even 1cent

Any user is the cause of lag in a system. Better systems can handle more users, so its the website fault for not accommodating for their user base, not the user base trying to use the system. 

[AirFlame]

Bots are completely normal part of all trading systems. To someone watching and paying attention bots do not effect anything. People who arent paying attention and panic are effected buy bots when they see stupid buy/sell orders.

Yes but they lag the market system.

I'm sure bots are the reason of you losing money on your trades.

Nope nothing is the reason of loosing my money because i did not loose even 1cent

Any user is the cause of lag in a system. Better systems can handle more users, so its the website fault for not accommodating for their user base, not the user base trying to use the system. 

More bots = better website
better website = more money costs
if someone don't have money to buy/rent better server and have normal one = lags

less bots/no bots = normal website
normal website = less money costs
if someone don't have money to buy/rent better server and have normal one = no lags

[CaptainBeck]

Bots are completely normal part of all trading systems. To someone watching and paying attention bots do not effect anything. People who arent paying attention and panic are effected buy bots when they see stupid buy/sell orders.

Yes but they lag the market system.

I'm sure bots are the reason of you losing money on your trades.

Nope nothing is the reason of loosing my money because i did not loose even 1cent

Any user is the cause of lag in a system. Better systems can handle more users, so its the website fault for not accommodating for their user base, not the user base trying to use the system. 

More bots = better website
better website = more money costs
if someone don't have money to buy/rent better server and have normal one = lags

less bots/no bots = normal website
normal website = less money costs
if someone don't have money to buy/rent better server and have normal one = no lags

Then you increase your fees to cover the user base, which in return would make bots more costly and reduce their use. Most bot programs operate on a small profit margin, but they are making so many trades that small margins add up to be gain. you reduce that margin they lose their big gain. Normal people and trades will barely be effected because they look for larger profit trades over a longer period.